TUEN MUSIC ApS — Credit Rating and Financial Key Figures

TUEN MUSIC ApS (CVR number: 14826890) is a company from HJØRRING. The company recorded a gross profit of 50.2 kDKK in 2024. The operating profit was 31.5 kDKK, while net earnings were 28.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TUEN MUSIC ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.